Barclays Business Banking Services in Botswana

Our considerable resources and our commitment to Botswana mean that we are able to offer Business customers tailor-made quality services. With our detailed knowledge of the Botswana market we are uniquely well-placed to assist in the development of our customers' businesses.

Our aim is to build close relationships with our customers, based on an understanding of the key issues in your world. We want you to turn to Barclays first for the solution to your banking needs. This is why Barclays House Business Centre in Gaborone aims to provide a 'one-stop shop' for all Business customers.

Our approach is to understand your requirements and then design banking and finance packages to meet your needs. We aim to ensure that Barclays provides your business with the right products and services to enable you to operate efficiently and profitably.

"International corporate involvement in Botswana is growing, and many major multinationals have recognised the need to implement coherent corporate strategies for Africa as a whole."

We have, for example, taken the lead in Botswana's largest syndicated lending facility, and have become increasingly able to help our customers take advantage of exchange control liberalisation. We can also provide comprehensive support to the increasing number of larger businesses with pan-African operations, who may be seeking to co-ordinate their banking arrangements throughout Africa.

Cross-border investment has also been further stimulated by the stability that has returned to South Africa: the importance of this economy to the region as a whole has encouraged international corporates to look favorably on Botswana.

We have close ties with Barclays Corporate Banking Unit, based in South Africa, which provides seamless access to our operations throughout the continent and also to our capability in Europe and the rest of the world.

A Flexible Range of Business Banking Services

As long-standing specialist providers of business banking services, we understand the expectations that Business customers have of their Bank.

At Barclays in Botswana, we offer a comprehensive range of Business banking services. Our core banking services have been developed to meet the needs of many different types of business and include:

Money transmission

• Current accounts in both Pula and all major international currencies including the euro.
• Call and term deposits in both Pula and international currencies including the euro.

Our money transmission services are supported by leading-edge satellite technology which provides our customers with real time on-line banking.

Cash management

Electronic banking though BusinessMaster International, a PC-based service which allows you to control your own financial operations from your own PC, thereby reducing administration and improving efficiency.

Business finance

• Overdrafts.
• Letters of credit.
• Medium-term loans (in Pula or foreign currency).
• Leasing facilities.

International trade

We offer a full product range to meet the needs of importers, exporters and international traders:

• foreign currency accounts;
• rapid foreign currency transfers;
• negotiation of non Pula instruments;

Structured finance

We have the capability to design, arrange and lead syndicated credits and provision for specific projects.

Other Specialised Services

• We are the leading provider of securities custodian and administration services to local and foreign institutional investors in Botswana.
• Custody services providing global custodian management for the Botswana stock exchange.
• Investments dividend collection, advice on corporate actions and proxy voting.

SME Banking - Barclays Business Solutions

Find out about how Barclays can serve your Business Banking needs. Barclays Business Solutions Whether you are a Sole Proprietor starting your business, or a established business looking to grow, Barclays understands the pressures of running a business in a competitive and changing environment. Leveraging off our global footprint and expertise, it is our job to provide relevant and innovative products and services, and personal support, to help our customers succeed in starting, and growing their businesses. Our Business Solutions offering is constantly being enhanced to meet our customers changing needs. However our philosophy remains one of partnership as we recognise that your success is our success.

Barclays SME offers the following products:

• Business Current Accounts - Transactional account, Cash & Transaction account and Pay As You Go account
  
  
• Business Savings Accounts - Business Savings and Bonus Savings account
  
  
• Business Solution Loans -
  Unsecured loans are from P10 OOO to P40 000
  Secured loans are from P41 000 to P500 000
  Vehicle Asset Finance under lending products with the following limits P70,000 to P1Million.
  
  
• CEDA Guaranteed loans
  
  
• Overdraft facilities
  
  
• Tender and Performance bonds
  
  
• Free Telephone Banking
  
  
• International Trade Facilities
  
  
• Barclaycard Merchant Services
  
  
• Internet Banking Facilities
  
  
• Business Club

Business Solutions Current Account

The Barclays Business Solutions Current Account offers you the security of a bank account with convenient access to your funds at any Barclays Branch or ATM. In addition free monthly statements to assist you in tracking your business activities. A cheque book linked to this account offers the convenience of making payments without having to carry cash. Barclays has designed 3 flexible fee packages allowing you to select a package that best suits your business' unique needs. Barclays also offers a Foreign Currency Account facility (subject to individual country exchange control regulations) and a Community Account specifically designed for Non-profit organisations and NGO's.

To open a Business Solutions Current Account you require:

• BWP 500 opening balance.
• Company Registration Documents.

Business Solutions Savings Account

Saving is a reality of life, be it for a planned purchase, or security against those unplanned events. Barclays offer a range of saving accounts designed to give you the flexibility to choose the solution that best meets your needs. The Barclays Call Account offers competitive interest with convenient access to your funds at short notice. The Business Solution Savings Account offers competitive interest and convenient access to your funds by being linked to your Business Solutions Current Account. This account is available in local and foreign currency (where applicable). The Business Solution Bonus Savings Account offers bonus interest to a customer if there are no withdrawals from the account for a 3 month period. The Business Solution Fixed Deposit Account is for those customers looking for higher interest rates but who are prepared to commit their funds for a fixed period normally 1 month or more. This account is available in both local and foreign currency (where applicable).

• No minimum opening balance required for Call and Savings Accounts.
• Call and Savings Accounts have free monthly statements.
• BWP10, 000 minimum opening balance required for Local Currency Fixed Deposit Accounts.
• Fixed Deposit Accounts have flexible 1 Ж 36 month terms.
• Free statement is generated once the statement sheet is full.

Business Solution Loan

Access to finance to start or grow your business is one of the biggest challenges many business people face. Barclays recognise this challenge and offer both Secured and Unsecured lending solutions with flexible terms and competitive interest rates. On a case-by-case basis we are also able to assist customers with Over-draft facilities for working capital requirements, and Commercial Property and Asset Finance.

• You can borrow between BWP 5, 000 and BWP 40, 000 unsecured.
• You can borrow between BWP 40, 000 and BWP 500, 000 secured.
• Loan accounts have 5 year terms.
• Loan accounts have a once off arrangement fee.

To find out more...

Speak to a Business Development Manager or Business Customer Advisor at your local Barclays Branch.

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